LG would need to trade at $0.08 to be the same value as GCC currently is or GCC would have to be at $0.22 to be the same value as LG is currently. I'm assigning zero value to either companies properties, etc. It appears that at current prices LG offers better leverage to the BGM. However I need to do another analysis using fully diluted shares to determine more accurate leverage.

Not using fully diluted.....

If BGM were to go to $5.00

GCC.H's BGM holdings would be worth $0.71 per share ( 2 times current price)

LG's BGM holdings would be worth $0.16 per share (3.2 times current price)